New Delhi, January 13, 2025: We believe that upcoming Union Budget 2025-26 has the potential to prioritize policies that promote growth in the real estate sector. It also presents an opportunity to address the challenges faced by affordable housing, which has declined in recent years. Reinstating the Credit-Linked Subsidy Scheme and offering tax holidays for developers could drive project development, and raising the home loan interest deduction limit would further support housing affordability.
Other priorities should also include infrastructure development, urban land reforms, and the introduction of a single-window clearance system. Additionally, improving liquidity for developers and introducing incentives to attract both domestic and foreign investments is also important. With a balanced approach, the real estate sector can support urban transformation, job creation, and contribute to the vision of ‘Housing for All,’ particularly in emerging Tier-II cities.
Corporate Comm India (CCI Newswire)
